EU's top court orders Apple to pay $14.3B upaid Irish taxes; upholds $2.6B Google fine

The European Union's highest court hit Silicon Valley's top two tech giants ordering Apple to pay Ireland $14.3 billion in taxes and fining Google $2.6 billion for abusing its market position for shopping searches.

By: UPI News

Sep 11 2024
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EU's top court orders Apple to pay $14.3B upaid Irish taxes; upholds $2.6B Google fine — EU's top court orders Apple to

The European Court of Justice in Luxembourg hit Silicon Valley's top two tech giants Tuesday with significant financial penalties, ordering Apple to pay Ireland $14.3 billion in back taxes and fining Google $2.6 billion for abuse of the market domina... [4927 chars]

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EU's top court orders Apple to pay $14.3B upaid Irish taxes; upholds $2.6B Google fine

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U.S. banking giants face 9% capital hike in revised plan, half of original target